The objective of this study is to take into account the organizational characteristics that bind the parent banks and their subsidiary companies to explain the financial performance of banks' foreign subsidiaries. To this aim, we empirically study the average data …
Although an individual ratio may indicate a particular strength or weakness in a company, no individual ratio can adequately evaluate the overall strength or weakness in a company. Developed by Edward I. Altman in 1968, the Altman Z-Score has become …
Several research studies in the developed and emerging markets found that corporate events have numerous effects on the stock market. In this regard, the aim of this paper is to test the semi-strong form of efficiency in the Indian equity …
India's domestic savings as a percentage of its GDP is 28%, which is one of the highest in the world. By 2008-09, the estimates provided by Indicus analyst, a research firm, show that India's total annual personal disposable income has …
This paper evaluates the effect of VAT regime which was implemented in India to bring uniformity and balanced economic development. VAT divergence still existing intra-state and inter-state. The study highlights the terror of VAT inconsistency having varied product rates resulting …
Export success among developing countries has been concentrated only in a few countries due to the fact that the comparative advantage of most of the developing countries still lies traditionally in primary commodities and unskilled-labour-intensive manufactures. For export success, these …
The International Financial Reporting Standards are to be implemented in India from 1/04/2011. And, still, there are many unanswered questions w.r.t its conceptual framework, implementation, impact and other related issues. Answers to these questions will definitely help to increase our …